Russia To Become World's Fifth-Largest Economy, Ahead Of Germany. Oil To Boost Russia's GDP.

[Tom Kirkman + 8,860]

ZOMG RUSSIA RUSSIA RUSSIA !!!!

U.S. Democrats to panic soon.

Rising oil prices will likely outweigh sanctions against Russia.

Russia To Overtake Germany As World's Fifth-Largest Economy

The Russian economy is apparently more durable than many Western politicians imagined.

Despite years of international sanctions and low oil prices have dragged on Russia's economy, which pushed the Russian economy into a recession during 2015, UK-based global bank Standard Chartered predicted in a report published this week that Russia will overtake Germany as the world's fifth largest economy, possibly as early as next year, according to RT.

... StanChart aren't the only ones who are optimistic about Russia's prospects. The World Bank said in its economic outlook that it expects GDP growth in Russia to accelerate to 1.8% in 2020 and 2021, compared with 1.6% last year. It attributed this growth largely to "relatively low and stable inflation and increased oil production." The IMF has also raised its forecast for Russia’s GDP growth in 2019 to 1.8%, with the fund anticipating that the impact of rising oil prices would outweigh the impact of sanctions.

[Marina Schwarz + 1,576]

Well, not exactly next year but in 2030. It is a huge country, after all, not that hard to believe.

https://www.nextbigfuture.com/2019/01/world-gdp-forecasts-for-2030.html

[Tom Kirkman + 8,860]

Maybe UK could do a hard Brexit and team up instead with Russia.  Since Germany (and France and much of EU) seem to be having trouble.

Merkel Offering to Pay One-Year’s Living Expenses if Refugees Leave Europe

[Danial Gable + 20]

considering russia has a land mass 3x that of the whole eu, a population 1/5 of the eu, with endless resources, with giant neighbors, and a sh&% ton of billionaire oligarchs,you would expect nothing less then a growing economy.